# Compound Annuity - Streams of Payments

(Compound annuity) What is the accumulated sum of each of the following streams of payments?

a. $500 a year for 10 years compounded annually at 5 percent

b. $100 a year for 5 years compounded annually at 10 percent

c. $35 a year for 7 years compounded annually at 7 percent

d. $25 a year for 3 years compounded annually at 2 percent.

https://brainmass.com/business/annuity/compound-annuity-streams-payments-166017

#### Solution Summary

The solution examines the accumulated sum of each of the streams of payments.

$2.19